that may be bcoz your broker wants to corner maal at lower price from you.. get price from other brokers too. . most of the brokers in ahm buying at 3 premium.
107. Trueinfo| Link| Bookmark|
July 11, 2023 2:10:06 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Not to worry friends. Very little possibility of discount listing with QIB subscription more than 15×, even if we ignore high retail and HNI subscription. GMP fluctuation is passing phase, which happens just after allotment to corner allotted shares. IMO, 15-20% gain is most likely.
106. sahab| Link| Bookmark|
July 11, 2023 2:03:16 PM
IPO Guru (1100+ Posts, 600+ Likes)
GMP currently quoting at 3 to 4 in Ahmedabad and rajkot. Advice to my friends here would be if you have connects in grey market , please sell and do not go in with open positions. For those who don't have access let's hope and pray atleast it gives you a exit, safe guarding your capital. Don't want to scare allottees but scenario is not all good. Better to exercise caution.
Was hoping I dont get any. Wasnt at all keen. Just applied 1 retail casually.But as luck (or badluck) would have it. Got it in 1:67 ratio. Wonder why such luck doesnt work even when the chance is 1:10 in better IPOs?